Articles about Coinbase

Cryptocurrency exchange Coinbase has been made a Visa principal member, making it "the first pure-play cryptocurrency company" to receive such accreditation. The membership was awarded back in December, but the news has only just been made public.

This is not the first time Coinbase has had dealings with Visa. The two companies worked together last year to launch the Coinbase Card ("a Visa debit card, funded by your Coinbase balance") in the UK, but now it will be possible to bring the debit card and additional services to more markets around the world.

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Coinbase is one of the largest cryptocurrency exchanges in the world, so when it announces plans to support a new player the news is bound to have a major impact on the market. The result is always the same: a massive buying spree, which can lead to coins posting double-digit gains in a matter of hours.

This was also the case for Ethereum Classic, which will be listed on Coinbase in the coming months. The exchange says that it will be included first on Coinbase Custody, which is where customers will be able to make deposits and withdrawals.

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The cryptocurrency exchange Coinbase has closed the account of the WikiLeaks Shop -- the official source of WikiLeaks merchandise -- citing violations of its terms of services.

WikiLeaks is not happy about this and is calling for a "global blockade" of Coinbase in protest, saying the exchange is an "unfit member of the crypto community". The WikiLeaks Shop has itself not been closed, and it is still able to accept Bitcoin payments -- just not via Coinbase.

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The cryptocurrency market is going through a tough period right now. The cap is down significantly from the record high reached in January, Google is following Facebook in banning crypto ads and regulators are investigating ICOs, just to name a few of the problems that it's facing. However, there is some good news to report as well.

Coinbase, one of the largest cryptocurrency exchanges in the world, today announces that it's received an e-money license in the UK, which allows it to provide payment services to its local users and, by extension, other EU customers as well.

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Cryptocurrency exchange Coinbase has contacted 13,000 of its users to inform them that it is going to hand over their details to the IRS. The tax collection agency originally asked for the details of everyone buying Bitcoin between 2013 and 2015 in a bid to weed out tax evaders.

Coinbase did not give in without a fight. Since the summons in November 2016, it put up some resistance, ultimately reducing the number of affected customers from 500,000 to 13,000. The exchange will be handing over the details within three weeks.

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Buying cryptocurrency is not as easy as you might think. It also takes longer than you might expect, which is a problem when you want to take advantage of an opportunity in this market as quickly as possible.

Coinbase seems to have solved this issue, announcing that customers will be able to instantly buy Bitcoin, Ethereum and Litecoin using their bank account. Prior to this change, they had to wait several days for the purchased coins to be available.

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